Omineca Mining and Metals (CVE:OMM) Stock Price Up 72.7% – Time to Buy?

by · The Cerbat Gem

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s stock price traded up 72.7% during trading on Friday . The company traded as high as C$0.10 and last traded at C$0.10. 2,844,418 shares changed hands during mid-day trading, an increase of 1,153% from the average session volume of 227,081 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Price Performance

The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41. The stock’s 50 day moving average price is C$0.05 and its two-hundred day moving average price is C$0.05. The firm has a market capitalization of C$24.90 million, a price-to-earnings ratio of -9.50 and a beta of -2.33.

About Omineca Mining and Metals

(Get Free Report)

Omineca Mining and Metals Ltd., a junior resource company, explores for and develops mineral resources in Canada. Its flagship project is the Wingdam gold project covering an area of 50,000 hectares located in the prolific Barkerville gold camp in central British Columbia. The company holds interest in the Fraser Canyon project and Mouse Mountain Project located in British Columbia.

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